<div class="py-4">
    <h2 class="text-3xl mb-2 font-bold">Annual rates of change</h2>
    <p class="mb-2">
        Analyzing annual rates of change can crystalize your decision making. It
        can point you to growing companies that are expected to continue
        growing, and alert you to those that aren’t.
    </p>
    <p class="mb-2">
        Annual rates of change are two-part indicators. First, they give you an
        unbiased assessment of a company’s recent performance, as indicated by
        five key performance statistics for the past 5 and 10 years. These
        measures, on a per-share basis, are usually:
    </p>
    <ul class="mb-2 pl-2 mx-4 list-disc">
        <li class="mb-2">Sales</li>
        <li class="mb-2">Cash Flow</li>
        <li class="mb-2">Earnings</li>
        <li class="mb-2">Dividends</li>
        <li class="mb-2">Book Value</li>
    </ul>
    <p class="mb-2">
        Second, you can use annual rates of change to project a company’s
        potential growth rate for each measure, going forward 3-to-5 years.
    </p>
    <p class="mb-2">
        To eliminate short-term fluctuations that may distort results, Value
        Line analysts use a three-year base period and a three-year ending
        period when calculating growth rates.
    </p>
    <p class="mb-2">
        Annual rates of change are usually positive but can also be negative. A
        negative annual rate of change signals that a company’s best days may be
        in the rearview mirror.
    </p>
    <p class="mb-2">
        Trends are important here. To help make smart buy-sell-hold decisions,
        check whether growth has been increasing or slowing. In addition,
        examine the analyst’s projected 3-to-5-year growth rates to anticipate
        whether growth is expected to quicken or slow. To complete your
        analysis, be sure to delve into the Analyst Commentary for an expert
        opinion about the stock’s future growth prospects.
    </p>
</div>
